Housing is backing off from its leadershiprole in the economy, but clearly something else is replacing it. The Fed has a little more to do and then they can rest on their oars.
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This quote is just one of 9 total Neal Soss quotes in our collection. Neal Soss is known for saying 'Housing is backing off from its leadership role in the economy, but clearly something else is replacing it. The Fed has a little more to do and then they can rest on their oars.' as well as some of the following quotes.
Market participants may well associate bad news on the economy with an increase in fiscal spending and lower bond prices.
Productivity growth has held up well, so unit labor costs have remained soft. Against that backdrop, the inflation threat remains muted in our view. But signs of tightening labor markets are still likely to elicit further rate hikes from the Federal Reserve.
The economy is doing fine. We're at the lowest unemployment rates in a generation. Inflation is hard to find. There's just aren't the kinds of problems that would induce to you take new medicine. So if the medicine at the moment is a 4-3/4 percent Fed funds rate, keep it there.
This quote is just one of 9 total Neal Soss quotes in our collection. Neal Soss is known for saying 'Housing is backing off from its leadership role in the economy, but clearly something else is replacing it. The Fed has a little more to do and then they can rest on their oars.' as well as some of the following quotes.